Supreme Court seeks five years of financial and administrative details from private universities nationwide, potentially covering institutions in Nagaland
DIMAPUR — The Supreme Court has directed private universities across the country to disclose detailed information about their finances and administration, reiterating that no private university can operate as a profit-making institution.
The direction was issued during proceedings related to a petition involving Amity University. The court expanded the scope of its inquiry to include private universities nationwide, citing the larger public interest.
The universities have been asked to submit five years of audited financial statements. These must include details of the funds they generated and spent, surplus funds and investments, as well as payments made to people who are not directly involved in educational activities.
The court has also sought information on student fees, admissions, faculty recruitment and salaries, teaching workloads, grievance-redressal systems and benefits received from governments. These benefits may include land allotments and other concessions.
The Union government, state governments and Union territories have been given six weeks from September 17 to collect the information and submit affidavits to the court. The matter will next be heard on November 19.
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